Shetu Holdings (08392.HK) proposes a "10-into-1" share consolidation, followed by a rights issue on a "1-for-1" basis.

Zhitong Finance APP news, Shetu Holdings (08392.HK) announced that the board of directors recommends implementing a share consolidation on the basis of consolidating every 10 issued and unissued existing shares of HK$0.01 each into 1 consolidated share of HK$0.10 each.